GIELODE: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
GIELODE
Largest movements
- Cash +€7,658
up €7,658 (+1492.2%), from €513 to €8,172
mainly Net result for the year (+€8,864) and Depreciation (+€784)
- Tangible fixed assets -€784
down €784 (-100.0%), from €784 to €0
- Receivables within one year -€540
down €540 (-100.0%), from €540 to €0
of which Other amounts receivable: -€507
- Stocks and contracts -€124
down €124 (-16.5%), from €752 to €628
- Profit (loss) carried forward +€8,864
up €8,864 (+10.3%), from -€85,704 to -€76,840
- Other debts -€2,421
down €2,421 (-3.3%), from €73,382 to €70,961
- Trade debts -€598
down €598 (-88.7%), from €674 to €76
- Tax, wage and social debts +€351
up €351 (+501414.3%), from €0 to €351
- Gross operating margin +€7,025
up €7,025 (+208.6%), from €3,368 to €10,393
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,711 | €8,907 | +€6,196 | +228.6% |
| Fixed assets | 21/28 | €784 | €0 | -€784 | -100.0% |
| Tangible fixed assets | 22/27 | €784 | €0 | -€784 | -100.0% |
| Furniture and vehicles | 24 | €784 | €0 | -€784 | -100.0% |
| Current assets | 29/58 | €1,927 | €8,907 | +€6,980 | +362.2% |
| Stocks and contracts in progress | 3 | €752 | €628 | -€124 | -16.5% |
| Stocks | 30/36 | €752 | €628 | -€124 | -16.5% |
| Amounts receivable within one year | 40/41 | €540 | €0 | -€540 | -100.0% |
| Trade receivables | 40 | €33 | €0 | -€33 | -100.0% |
| Other amounts receivable | 41 | €507 | €0 | -€507 | -100.0% |
| Cash at bank and in hand | 54/58 | €513 | €8,172 | +€7,658 | +1492.2% |
| Deferred charges and accrued income | 490/1 | €122 | €108 | -€14 | -11.4% |
| Total equity and liabilities | 10/49 | €2,711 | €8,907 | +€6,196 | +228.6% |
| Equity | 10/15 | -€71,345 | -€62,481 | +€8,864 | +12.4% |
| Contributions | 10/11 | €12,500 | €12,500 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€85,704 | -€76,840 | +€8,864 | +10.3% |
| Amounts payable | 17/49 | €74,056 | €71,388 | -€2,668 | -3.6% |
| Amounts payable within one year | 42/48 | €74,056 | €71,388 | -€2,668 | -3.6% |
| Trade debts | 44 | €674 | €76 | -€598 | -88.7% |
| Suppliers | 440/4 | €674 | €76 | -€598 | -88.7% |
| Taxes, remuneration and social security | 45 | €0 | €351 | +€351 | +501414.3% |
| Taxes | 450/3 | €0 | €351 | +€351 | +501414.3% |
| Other amounts payable | 47/48 | €73,382 | €70,961 | -€2,421 | -3.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €849 | €784 | -€65 | -7.6% |
| Other operating charges | 640/8 | €711 | €683 | -€29 | -4.0% |
| Gross operating margin | 9900 | €3,368 | €10,393 | +€7,025 | +208.6% |
| Operating profit (loss) | 9901 | €1,808 | €8,926 | +€7,118 | +393.7% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €66 | €62 | -€4 | -6.3% |
| Recurring financial charges | 65 | €66 | €62 | -€4 | -6.3% |
| Profit (loss) for the period before taxes | 9903 | €1,742 | €8,864 | +€7,122 | +408.9% |
| Profit (loss) for the period | 9904 | €1,742 | €8,864 | +€7,122 | +408.9% |
| Profit (loss) for the period to be appropriated | 9905 | €1,742 | €8,864 | +€7,122 | +408.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.